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Honda shows new business jet in Japan

The jet, which seats six or seven, starts at USD 4.5 million.

Hyundai Motor Q1 profit falls as sales incentives rise, currencies drag

Hyundai Motor on Thursday posted its fifth consecutive drop in quarterly profit after South Korea`s biggest automaker boosted sales incentives in the United States and weaker overseas currencies put a drag on offshore revenue.

Volvo plans to invest up to Rs 700 cr in 5 years in India

Swedish commercial vehicles major Volvo plans to invest around Rs 500-700 crore in India in next five years to expand business activities in the country.

China tech firms shake up world`s biggest car market

Alibaba and WeChat messaging app provider Tencent have both announced plans for cars in the past month.

Utility vehicles top online search among used cars: Google

Online queries for used cars grew 30 percent in 2014 and has jumped 20 times in the last six years, with utility vehicles being the most sought after among used ones, technology giant Google said Tuesday.

Owners of first Maruti 800 call for car to be restored, placed in a museum

The owners of the first Maruti 800, which rolled out in 1983, have called for the car to be restored.

Ford announces $2.5 bn auto plant investment in Mexico

The Ford Motor Company unveiled Friday a $2.5 billion investment for engine and transmission plants in Mexico, the second major project announced in the country by a foreign auto power this week.

No factory for old men - Hyundai Motor seeks to end seniority-based pay

In a bid to curb rising domestic labour costs, Hyundai Motor Co is seeking to base wages on merit not seniority in an overhaul of a decades-old salary system that puts the South Korean firm on a collision course with its activist union.

Chinese automaker Geely gears up for push into Europe, US

Chinese automaker Geely is set to start producing a small crossover utility vehicle late next year - the first car to be built using a common platform jointly developed with Volvo.

What excites Bajaj is Harley, not GM

Bajaj said the company can become a global leader in the segment only if it narrows focus as far as products are concerned.

Tata Motors makes Jaguar history in UK

Tata Motors has made automotive history in Britain with the launch of Jaguar's newest model XE.

Escorts, Amul Group form JV to make speciality tractors

Amul Group will be the majority stake holder with 60 percent and the rest will be held by Escorts in the joint venture firm.

China auto sales up 3.3% in March

Vehicle sales had slipped 0.2 percent from 2014 in February.

Suzuki to focus on niche bikes, eyes 5L sales in India in FY16

Japanese motorcycle major Suzuki will focus on niche segment bikes of 150 cc and above in India, targeting young customers, as it chases over 30 per cent rise in sales at 5 lakh units in the current fiscal.

Bajaj Auto motorcycle sales dip 22% in March

Bajaj Auto on Monday reported a 22 per cent fall in motorcycle sales at 2,09,937 units in March as compared with 2,70,578 units the same month in 2014.

Driverless car completes 3,500-mile US cross-country trip in 9 days

99 percent of the trip was done with the car in automated mode.

Maruti to rev up rural drive, targets 1.5 lakh villages

"In FY14-15 we established presence in 1.25 lakh villages. Target going forward will be to enhance presence in 1.5 lakh villages," Maruti Suzuki India (MSI) Executive Director, Marketing & Sales, RS Kalsi told PTI.

Audi, Merc slug it out for top slot in Indian luxury car market

In 2014, Audi retained the top slot in the Indian luxury car market.

Audi to launch 5 new models in next 5 months in India

The company will launch the new Audi TT model in India this month.

Ssangyong Motor CEO says targets 3-fold rise in Europe sales to offset Russia

South Korean automaker Ssangyong Motor, owned by India`s Mahindra and Mahindra, aims to nearly triple its Europe sales this year.